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China "not ready" to export cars to US
Last Updated(Beijing Time):2005-01-10 13:22
A top General Motors executive says Chinese-made cars are not ready for the US market, dismissing a recently announced venture to import vehicles from China. 

GM chief financial officer John Devine made the comment in an interview at the North American International Auto Show, adding that there is still a lot to be done to make the vehicles as competitive as they have to be in the US market.

Devine shrugged off the announcement last week of a deal involving a New York-based firm Visionary Vehicles and China's Chery Automobile Company to sell a new line of automobiles in the US market.

Devine said GM is more focused on producing cars for the rapidly growing Chinese market after selling nearly 500,000 vehicles last year.

Source:CRI 
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